Say on Pay Failure Rate Drops to 1.8%

To date, 164 Russell 3000 companies have held Say on Pay votes in 2017 with the average vote result of 92.5%. 3 companies (1.8%) have failed Say on Pay thus far in 2017; no new companies have failed since the last report. Proxy advisory firm ISS has recommended ‘Against’ Say on Pay proposals at 9% of companies it assessed in 2017.